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institute for a discussion on the scheduled tax increases the percent to hit in january, including the end of the bush era taxes, payroll tax holiday hikes and invested in come also. a new tax policies and to report says nothing is done. average marginal tax rates would go up by five percentage points on labor income, seven points on capital gains and more than 20 points on dividends. along with more than a trillion dollars in budget cuts. also starting january or known as the fiscal cliff. it should get under way in just a moment. [inaudible conversations] >> good afternoon, and welcome to the urban institute's first tuesday. my name is howard gleckman of the tax center blocks and we are here to discuss taxes in the fiscal cliff. as you all know, washington lives everything that happens here is the biggest or the worst were the most important. how many times for instance have you been told some politician is about to give the speech of his life until he gives the next speech. the tax armageddon has the potential to actually be a watershed in the fiscal policy. true it could be another opp
't say tonight that that tax bill he vetoed raised taxes only on the rich and gave the rest of you a break -- but he vetoed it anyway. i offer a new direction. invest in american jobs, american education, control health care costs, bring this country together again. i want the future of this country to be as bright and brilliant as its past, and it can be if we have the courage to change. [applause] >> president bush, your opposing statement. >> let me tell you a little what it's like to be president. in the oval office, you can't predict what kind of crisis is going to come up. you have to make tough calls. you can't be on one hand this way and one hand another. you can't take different positions on these difficult issues. and then you need a philosophical -- i'd call it a philosophical underpinning. mine for foreign affairs is democracy and freedom, and look at the dramatic changes around the world. the cold war is over. the soviet union is no more and we're working with a democratic country. poland, hungary, czechoslovakia, the baltics are free. take a look at the middle east. w
and in this country, taxed more. if you tax small business, they are not going to hire. i don't know how you don't figure out what mr. romney so eloquently said in that debate. talking about politics of the 1% or the 47%, conservatives want the best for all folks, and yes, we mean thewe don't want them trapped in poverty. we want them married, paying their taxes -- host: we will get katrina vanden heuvel's response. guest: yeah. listen, if marriage will promote the well-being of the couple, children, great. but in my mind, it is and not just that. that is too simplistic. it is part of the equation. without good jobs, without ensuring that workers have rights and a time -- at the time when big business is so powerful, without doing small things that happened around this country but have taken too much effort, giving women, families early child care, the sense of a community coming together to lift up families, marriages not sufficient. to reduce it to that is too simplistic. no one is saying marriage isn't important. it is not the only a factor in building a family that is doing well. the fact th
' goal on a trillion dollar tax hike on those making more than 200,000 a year or family 250,000. >> people in the middle class has been squeezed or buried as the vice-president said. and romney's remarks, inelegant. 47%, he renounced it once and for all. >> completely wrong and i absolutely believe, however, that my life has shown that i care about 100%. >> and hoped with those remarks, romney would lay those to rest and close the door on that. to prevent that the democrats were pumping out attack ads to keep it very much. >> bret: carl cameron, on your last point, almost everyone talking about wednesday's debate says mitt romney did pretty well or won, but how he won, that's the question, as carl mentioned, that has entered the post debate spin cycle. >> governor romney may dance around his positions, but if you want to be president, you owe the american people the truth. >> stretching the truth or worse, that's how mitt romney won the debate. it's now a familiar refrain from democrats. echoed by sympathetic media outlets. >> i give him credit for a strong performance. i gi
worse economic news again. we saw that corporate tax has dropped by about a third from precrisis levels, basically small businesses are just not growing in this environment and big businesses are chasing profits abroad. so the government is just not getting the tax take on that front. in the asset classes, you can see some of the levels not that good at the moment. bundes still attracting a lot of attention. we've been waiting on spain to fishlgly l-- officially ask fo that aid. nonetheless, we're not seeing too much pressure on the periphery, 5.75%. let me send it back to you. >> thank you very much. the first presidential debate. john harwood is on the ground in denver. he joins us with the latest nbc news "wall street journal" poll. it looks like things are starting to even out at least a little. is this the bounce that president obama got after the democratic convention coming back down? >> well, i think it's the bounce from the convention and the surge that he got on top of the convention with that 47% video, so there is some good news for romney. not only our national poll, but a
leader with the ability to take on the tasks at hand. to balance the budget, to expand the tax base, to give our children back the american dream. the candidate is ross perot. the issue is our children. the choice is yours. host: from 1992 when he ran his first of two independent bids for the white house, falling short in 1992 and 1996. one viewer says we need to listen to all points of view. we need third parties. one question is the role of third parties in politics. here is ross perot. >> you ran twice. you established the united we stand and the reform party. do you feel that is needed today? is there something wrong with the two party system that has gotten more acrimonious. >> it is almost impossible to do it. it would be a very healthy thing if you could get it done and make it happen. it is very difficult to do, and very few people would want to try to do it because they know they will be butchered from day one. much of the media will participate actively in that. host: the whole interview conducted by richard welfare's tomorrow evening at 9:00 eastern time -- richard wolf t
biden. [video clip] >> they voted against extending the middle class tax cuts. why? because they were holding it hostage to make sure they could continue their tax cuts. and romney adds another tax cut with a total cost to the economy of $1.70 trillion. it is $250,000 a year in additional tax cuts for those same 120,000 families and anybody making more than $1 million. >> all these promises were made on the idea of hope and change and it sounded pretty good to people. but when the rhetoric went aside and the time to act occurred, the ideas are the old idea that a failed time and again. borrowing and spending and regulating and taxing and printing money, all these things do not lead to prosperity and. all these policies say take power from people, many from families and a successful small businesses and job creators, ascended to washington and then they decide. that does not work. host: that's a taste of the vice-presidential nominees over the weekend. they will go head-to-head on october 11 in their only official the bait. let's stick to your calls. will the vice-presidential candidat
into record deficits under george bush is because we put two wars and two tax cuts on a credit card. and now governor romney wants another $5 trillion in tax cuts that he can't pay for? not if i have anything to say about it. that's not going to happen. [applause] we are not going to let this country fall backward. not now. not with so much at stake. we've got to move forward. we need to invest in small business and manufacturers who create jobs here in the united states. we need to recruit 100,000 math and science teachers, train two million workers at community college, bring down the cost of college tuition. we need to -- [cheers and applause] we need to cut our oil imports in half. create thousands more jobs in clean energy. we need to use the savings from ending the wars in iraq and afghanistan to help pay down our deficit and put people back to work doing some nation building right here at home. that's the agenda we need. that's how you strengthen the middle class. that's how you keep moving forward. that's the choice in this election. and that's why i'm running for a second term. that
to me like they're doing the same thing. >> right. they're not taking action on titlery form, tax reform, all these issues that will come up when sequestration comes up at the end fortunate year and when they have to deal with bush tax cuts at the beginning of next year. this is really an irresponsibility that's shared both by congress and the white house, because when they negotiated the debt deal last year and set up this sequestration, this sort of eco-neurological showdown, they knew it had to be negotiated in a net election year if it didn't git worked out until last fall. so every every kicked the exam pain. >> i'm telling you about this economic storm that hit us. growth in the united states is slow. we're selling a few manufacturing goods. guess what, americans. . it's all this confidence misplaced. we're going to talk about this, next. [ male announcer ] now you can swipe... scroll... tap... pinch... and zoom... in your car. introducing the all-new cadillac xts with cue. ♪ don't worry. we haven't forgotten, you still like things to push. [ engine revs ] the all-new cadillac xt
the differences between himself and zeroing in on taxes. >> for instance, he is going to raise taxes. vice president blurted out the truth. they plan on raising taxes trillion. they have already raised them a trillion. that is increases on taxes on small business, among other things. that will mean less jobs. >> reporter: on the campaign trail in ohio, president obama appeared to have a lot of fire that he seemed to be lacking on tuesday night. and accusing romney at shocking dishonesty and even though the deputy campaign acknowledged that tax cut would not be nearly 5 trillion dollars, it's something that the president repeated in cleveland. >> we put two wars a two tax cuts on a credit card. we didn't pay for them. now, mr. romney wants another 5 trillion dollars in tax cuts that he can't pay for. we're not going to let that happen. we are not going to fall backward, not with so much at stake. >> reporter: governor romney answering in the ad wars, as well. a new ad featuring melanie mack that mara that voted for president obama back in 2008. this time around she says she is going to vote
a tax break. we will think that at least some of these guys who give money are just too forward their beliefs. maybe that is starry eyed. at least in some cases, this is really not about consideration. that is not to say that their beliefs to outline of what material considerations. it is a little harder to tell this story of corruption. you can still tell the story of influence. the point of giving money to a candidate somewhere along the line is to change the way policy is made in this country. that will never go away. what do we do with the guys saying i like certain policies and i want to see more of that. >> there was an interview recently where it was said that there's a possibility of federal investigations. he was convinced it obama wins, they will pursue these. >> why not use the real one? >> the real one has already been flogged to death. >> having spent time -- sometimes the press gets it wrong in assuming that every -- anybody who gives money is a bad person. that is the assumption of the narrative. big bad money people who are out to buy the election. the reality is
up so much that the cost of ownership now in many instances after taxes is less money than it cost to rent. the big challenge, though, is that we're not getting enough people being able to move up out of their existing houses. we're not getting enough people to relocate because they are stuck in their homes even though they are current on their mortgages, even though they qualify for their mortgages, the home is worth so much less than their current mortgage amounts they can't get out and refinance. so there's go to be a new policy that comes in to address that challenge. >> ali can i mention something about housing for a second. i want to pat myself on the back. as you know for the last year or two i've been bullish on real estate and housing. and i think that we are seeing, this gentleman is right if you look at the major markets you're seeing a rebound in real estate especially in states like florida and states like arizona. and what's interesting is the two reasons i think you're seeing an uptick is number one, you got these mortgage rates that we're going to be telling our gra
. mitt romney is yet to be specific about his plans, his tax plans, his plans for entitlements. and so this is an opportunity for him to be specific. >> i was sort of surprised that governor, new jersey governor chris christie apparently didn't get the memo about downplaying expectations. i know the democrats are doing it furiously. the president himself doing it furiously. >> right. >> the republicans have been doing it furiously. here's what chris christie said over the weekend. >> well, listen, he's had a tough couple of weeks, let's be honest. i mean i'm not going to sit here and come on this morning and sugarcoat the last couple of weeks. they've been tough. but here's the great news for republicans. we have a candidate who is going to do extraordinarily well on wednesday night. he's going to contrast what his view is, and what the president's record is. the president's view for the future. and this whole race is going to be turned upside down come thursday morning. wednesday night's the restart of this campaign. i think you're going to see those numbers start to move right back i
us more tax increases and more regulated debt. >> eric: talk about the real personal income and durable goods. that is, why? >> what we earn is important to our spending power and standard of living. we are down $4000. and that is real disposable income. and looking over the period of the president's term, we are down $4000 median per household . durable good orders. machines. cars and trucks and planes. down 13 percent. one month that is a decline and that points to recession. >> steve: seems like we are slowing down. over in trouble in europe and nothing on horizon. everybody slog down and america could leave the world out of america could expand and drag the world with it >> eric: personal income is down especially with gas at four bucks a gallon. >> national average 3.80. >> brian: fewer dollars to spend. >> we have food price inflation. our standard of living is declining. are you better off, no. you are not better off. >> steve: stewart i talked to a number of business owners and they were reluctant to hire. if mitt romney is elected president of the united states. wou
romney's been running around the country for the last year promising $5 trillion in tax cuts that favor the wealthy, and yet the fellow on the stage last night who looked like mitt romney said he did not know anything about that. but i just want to make sure i got this straight. he'll get rid of regulations on wall street, but he's going to crack down on sesame street. thank goodness somebody's finally cracking down on big bird. who knew that he was responsible for all these deficits? >> mika, what were your thoughts about barack obama not being able to deliver a single line like that when he didn't have the teleprompter and yesterday reading what his staff wrote for him so effectively on that stage with 30,000 people. >> it bothered me. we watch this every day. it seemed like some people might have been screaming at the tv saying, why aren't you saying that right now to him? it seemed prepared. but maybe that's the strategy. it was not satisfying at all. >> you know, willie -- >> it's like they took a whole day to respond. >> he carries this around where people are waiting till the nex
, being a tax cheat, swiss bank accounts, all that kind of stuff, can be rebutted. >> sean: what obama will say -- thus this will be mostly on the economy. obama will say, it's getting better. that was the recovery summer of 2010. >> but romney -- there were a whole lot of people right now who want to vote for romney. want to vote against obama. but they don't want to vote for romney because of all the negatives obama's piled on them which has not been answered. they're sitting on one side waiting for permission to jump over and vote for romney. in the debate, that he's not a monster, that he's a man of integrity and defending himself on this stuff, can absolutely encourage them to jump over and make it possible for them to do that. >> sean: what a joke all weekend, watching the obama people trying to lower expectations. >> yeah, right. >> sean: 2-1. >> let's par remember that most debates work in favor of the challenger. the challenger walks on and does a good job, like reagan did against carter, all the fears of him go away. carter against gerald ford in 1976. mondale against reagan
they might top it. >> arthel: and also a statement, romney pushing his tax policy, this weekend, right? >> reporter: of course in the wake of the debate in which the romney campaign it really defined the race, a choice between a dependency society with rising taxes that could hurt the recovery, versus the romney agenda which could cut taxes and rely fully on a smaller government and individual responsibility and entrepreneurial spirit and the romney campaign is attacking ever harder. here's a sample from last night. >> it has been calculated his tax plan raising taxes will cost 700,000 jobs. i will not raise taxes on small business and not raise taxes on middle income families. >> reporter: he will spend a little more time in florida and campaign here tomorrow and he has been doing a bit of debate prep with robhe senator from ohio and his debate sparring... playing the role of mr. obama and, monday, big foreign policy speech at the virginia military institute in virginia, and criticizing the president on foreign policy with specific criticisms of the way in which the administration han
strong. but mitt romney's budget plan will hurt the middle class. raising taxes on the average family by up to $2000 dollars. while giving a tax break of $250,000 dollars to multi-millionaires. doesn't mitt romney understand, we can't rebuild america...by tearing down the middle class. priorities usa action is responsible for the content of this advertising. >>> feeling really fall-like overnight. >> 53 degrees in our studios as we look out over the nation's capital. tom kierein with weather and traffic on the ones. >>> around the area, patchy dense fog in the rural areas. watch out for that. quantico, hometown forecast, by 6:00 this morning, it will be in the low 50s there with patchy fog and a few clouds around. by noontime, up into the mid-60s and partly sunny. for the entire region hour by hour, midafternoon ought to hit near 70 degrees with increasing clouds. cloudy mid to late afternoon, back down to the mid-60s by late afternoon. by midnight tonight, here's your evening planner. expect rain to move in. it may cause a delay for the nationals game. that rain likely moving in by 1
the math work on his deficit plan and his tax plan. are we going to get those details in the course of the debate? >> well, you know, david, i wish you guys were just as tough on the president. the president says he's going to create a million new manufacturing jobs. he doesn't say how. he says he's going to reduce the long-term debt and deficit by $4 trillion. doesn't say how he's going to do it. you know, let's be fair here. governor romney has laid out a direction and a vision for the direction of this country. he's not an accountant. he's not going to go line by line as much as you'd like him to do through the budget. but let's hold the president to the same standard and criticize him as well. >>> good morning, it is monday, october 1st. it's october, everybody. welcome to "morning joe." >> yeah, you know who's glad september's over? >> who? >> the jets. holy cow! >> i thought you were going to say mitt romney. with us on set, we have msnbc and "time" senior political editor mark halperin and national affairs editor for "new york" magazine john heilemann. guys. hi, willie. >> he
we need time to fix it, and by the way, the president will also say that he wants to increase taxes on people like mitt romney to help pay down some of that debt. >> reporter: we just put of that graphic there showing the $16 trillion of debt and there are so many digits it almost doesn't fit on the tv screen across the screen there, as you can see. but haven't americans in some way become number to astronomical numbers? how serious is this in. >> they have become number. is it the new normal this massive spilling of red ink but it raises three problems which i don't think the nation has got even to grips with yet. number one our economy is smaller than our debt. we look like europe, we know what happened there. number two we are spending $9 billion every week just paying interest on this debt, about a quarter of it goes overseas. and number 3, we are paying for this debt by printing money. so here is the question, allison, what happens when we stop printing as we inevitably will at some point, what happens when people stop lending us the money because we've borrowed so much. what h
in into record deficits is because we put two wars and two tax cuts on a credit card. we didn't pay for. and now mr. romney wants another $5 trillion in tax cuts that he can't pay for. we're not going to let that happen. we are not going to fall backward, not with so much at stake, not now. it didn't work then. it won't work now. and that's why i'm running for a second term as president of the united states. i will tell you, i'll tell you what we need to move forward. we got to invest in small business. we got to invest in manufacturers creating jobs here in ohio, here in the united states of america. we have got to recruit 100,000 new math and science teachers to train to make sure our young people have -- to make sure our young people have the skills that they need. we got to train 2 million workers at community colleges to bring down college tuition cost s. we got to cut our oil imports in half and create thousands of new jobs and energy. we got to use the savings from ending the war in iraq and afghanistan, to pay down our deficit. put some people to work, doing some nation building right he
and minimize taxes. they got him ted dead to rights again. i don't know if any american cares. do you remember how the kennedys made their money? >> i think there was some boot legging. >> might have been a little boot legging. john kerry married and then left his yacht in providence or something, didn't he. and then john edwards flipping his magnetic business card at all the ambulances going by made $80 million. it's weird, isn't it? >> he was a good lawyer. >> and a hell of a human being, too, johnny. we have ten seconds. >> i don't think additional incremental disclosures about offshore investments will make a big deal. >> all right, my friend, thank you. >>> when we come back, we'll get to kevin ferry from the cme, we'll find out what's most likely to drive action on the second day of the quarter. smart comes with 8 airbags, 3 a crash management system and the world's only tridion safety cell which can withstand over three and a half tons. small in size. big on safety. monarch of marketing analysis. with the ability to improve roi through seo all by cob. and you...rent from national. becau
thing to do to pay for obama care. also got the point out that he is in favor 6 a tax plan that will kill 700,000 jobs. he got a chance to answer them, or not answer themes as the case may be, but he got a chance to talk about where we are going in the future. what he described is an it rags of the status quo. is he going to keep doing the things he has done in the past. is he going to have a stimulus, if he can. he'll hire more government workers if he can. he will pick winners and losers like fisker and tesla. he said he doesn't like picking winners and losers. no, he just likes picking losers. and, of course, is in favor of higher taxes. yesterday the vice president told the truth. he said, in fact, they do want to raise taxes $1 trillion. i don't want to raise taxes on any americans because i want to create good jobs in america. i would take america in a very different direction. i want to makes sure our policies encourage job growth, and i have five things i'll do. you heard me describe them time and again, but five things i'll do that will get jobs growing in this cou
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've often heard about people paying taxes or taxes are too high they are not appropriate. and we appreciate having fun postal service and the schools and programs like nasa that had kicked back and have given wonderful technologies that propelled us and meet people's lives more comfortable than they would have been had those technologies not entered their lives. >> host: question for you, louis. given what you say is the benefit of the government, right now is the government about the right size and what is its influence on your life? >> caller: i.t. we have to be careful when we throw the word size of the government because they're seems to be a misunderstanding as to what the size of the government is as well as the size of the government. but the reality is the problems dictate the size of the government and we shrink the government by reducing the number of federal employees and we actually then end up contacting people to do those tasks any way and we tend not to count them as the part of the government that they are a part of the government. we are just paying more for that resource n
plan will hurt the middle class. raising taxes on the average family by up to $2000 dollars. while giving a tax break of $250,000 dollars to multi-millionaires. doesn't mitt romney understand, we can't rebuild america...by tearing down the middle class. priorities usa action is responsible for the content of this advertising. >>> i was a monster. i mean, if you look up the definition, i mean, that's what a monster is. >> ten years later, surprise reflections from one of the beltway snipers. the message he has for the victims, for the families of his victims. good morning, everybody. i'm aaron gilchrist. >> and i'm angie goff, in for eun yang this morning. it is a foggy start to the work week. some of you might actually hit some on your way to school or work this morning. >> meteorologist tom kierein is out on the weather deck with a look the this morning. >>> the fog is not everywhere. we have fog mainly patchy and mostly in rural areas. there is more widespread, denser fog farther west from this view here in northern montgomery county out in the shenandoah valley and many of the m
taxes is a mistake. >> clearly in a campaign with hundreds if not thousands of speeches and question and answer sessions, now and then you're going to say something that doesn't come out right. i said something that was completely wrong. >> and friday, another october surprise. president obama getting a boost with the new unemployment rate report. the rate dipping below 8 persh for the first time since the president took office in 2009, which brings us to the next surprise. the obama campaign cash that was raised last month. september proved to be a lucrative month for the president's re-election campaign. democrats raised $181 million. that's a record. joining me live from washington, peter hamby. that's a whole lot of cash raised. very amazing. say many, and all in one month. how was it done? big donors, small donors, what? >> the campaign says 98% of this money came from people giving $250 or less. sptd was a very big month for democrats. polls show that the convention really brought home the democratic base and these numbers just reaffirm it. this is the biggest monthly total of
, then senator biden, made which basically increased the taxes on the benefits of social security for seniors. so that's a huge issue because obviously a lot of this plays to seniors in florida, florida, florida, florida, a battleground state there, which is why you hear the romney campaign pushing back against it so hard. deb? >> so much at stake. shannon travis for us there. boy, you know, the countdown, it's going to be very interesting day come election day. thanks so much, shannon. >>> president obama and mitt romney face to face as american voters weigh their choice. the first of three presidential debates will be on wednesday night. we will be here for you. watch it live. 7:00 p.m. eastern on cnn and on cnn.com. >>> well, extremists use violence to keep girls from getting an education, but at least one woman is braving the risks as she makes sure young girls in that country get into school. how can you get back pain relief that lasts up to 16 hours? with thermacare heatwraps. thermacare works differently. it's the only wrap with patented heat cells that penetrate deep to relax, soothe, and
and started hurling stones with police, at least one person injured. the crowd angry about tax hikes and spending cuts among the 17 nations and the euro currency. >> and china, that flying fire, just part of the drill, but a pretty intense one. the exercise focusing mainly on island dissent. and participants, both military and civilian. >> ukraine, an enormous gathering in the capital city for a morning exercise routine, young and old, stretching and flexing, following the lead of a group of actors on stage. that's a wrap on this fox trip around the world in 80 seconds. an earthquake in part of the country where maybe you wouldn't expect it, tonight we're hearing from the people who felt it. and bears, really? do i have to say anything else? they're so cute. hmmm, this one is hungry. and invading one suburban neighborhood. [ mother ] you can't leave the table till you finish your vegetables. [ clock ticking ] [ male announcer ] there's a better way... v8 v-fusion. vegetable nutrition they need, fruit taste they love. could've had a v8... when the doctor told me that i could smoke for
of his tax policy or how he wants to comprehensively address immigration as he is criticizing obama for doing it piecemeal. there's got to be that -- he's not telling us the details as he is criticizing president obama. and again, on president obama's part, the press could be much more sort of aggressive on saying so here is where the house republicans blocked the 1x, y ian izzie, what are two strategies for getting around the republicans if you get a second term so hopefully some of the details will get once we start seeing the president shall be made, but i think there is -- we are not forcing them to say i'm not telling you the answer to this question enough, and there are many important questions the campaigns are not answering. >> in terms of are we giving people information they need to make a choice, i think people have information they need to make a choice. the vast majority of people are partisans of one sort or another. that's why they know probably almost every -- i doubt there are many undecided voters in this room, and they get the information they need to make a choic
Search Results 0 to 49 of about 50 (some duplicates have been removed)